Fideuram - Intesa Sanpaolo Private Banking and REYL & Cie Receive Regulatory Approval to enter into Strategic Partnership
- As part of the transaction, Fideuram ISPB will merge its Swiss banking subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval into REYL & Cie, further enhancing its leading position in the Swiss banking market.
- - As part of the transaction, Fideuram ISPB will merge its Swiss banking subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval into REYL & Cie, further enhancing its leading position in the Swiss banking market.
- Fideuram ISPB contributes to REYL & Cie its Swiss banking subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval (ISPBM).
- The legal merger of REYL & Cie and ISPBM is expected to be finalized by year-end.
- Headquartered in Milan, Fideuram Intesa Sanpaolo Private Banking is the no.1 Italian domestic private banking player and a key affiliate of Intesa Sanpaolo Group, consolidating all of Group's private banking activities.